Global BLE Module Market Growth 2023-2029

Global BLE Module Market Growth 2023-2029

Ongoing improvements with Bluetooth Low Energy (BLE) combined with low cost chips and a large and growing developer community have made BLE a leading Internet of Things (IoT) technology. Billions of BLE enabled smartphones has created a massively scaled ecosystem for IoT developers. BLE is driving markets such as health and fitness wearable sensors where low power and 1 MB/s throughput is required. The expanded network range, throughput and capacity with Bluetooth 5 as well as the completion of the Bluetooth mesh specification has also made BLE a disruptor for fixed sensor networks.

LPI (LP Information)' newest research report, the “BLE Module Industry Forecast” looks at past sales and reviews total world BLE Module sales in 2022, providing a comprehensive analysis by region and market sector of projected BLE Module sales for 2023 through 2029. With BLE Module sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world BLE Module industry.

This Insight Report provides a comprehensive analysis of the global BLE Module landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on BLE Module portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global BLE Module market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for BLE Module and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global BLE Module.

The global BLE Module market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The accelerated growth of IoT market is one of the major factors driving the global BLE module market. IoT is concerned with capturing data from the surrounding stimuli and allowing communication between people and machines. The increasing focus on the connected environment has resulted in IoT becoming one of the most rapidly growing markets. IoT devices collect data through sensors and actuators and transmit it to a centralized location on a real-time basis. This allows end-users to make informed decisions. APAC accounted for the largest share of the BLE module market in 2017. According to Technavio’s market research analysts, this regional segment is likely to continue its dominance in the market throughout the forecast period.

This report presents a comprehensive overview, market shares, and growth opportunities of BLE Module market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single-Mode BLE Modules
Dual-Mode BLE Modules

Segmentation by application
Computing Devices
Smart Wearables
Smart Home Appliances
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Nordic Semiconductor
Qualcomm Technologies
NXP Semiconductors
STMicroelectronics
Texas Instruments

Key Questions Addressed in this Report

What is the 10-year outlook for the global BLE Module market?

What factors are driving BLE Module market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do BLE Module market opportunities vary by end market size?

How does BLE Module break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.